147.01 BLANKET BOND FOR CITY EMPLOYEES.

   A blanket bond in the amount of one hundred thousand dollars ($100,000) shall be purchased by the City to indemnify it against losses sustained by the City as a result of fraud or dishonesty of all of its employees, including employees of the Lakewood Municipal Court.

(Ord. 82-83. Passed 7-18-1983.)

147.02 BOND OF DIRECTOR OF FINANCE.

   The Director of Finance shall give bond in the amount of twenty-five thousand dollars ($25,000), conditioned upon the faithful performance of his duties as Director.

(Ord. 2-57. Passed 1-7-1957.)

147.03 BONDS OF MUNICIPAL COURT EMPLOYEES.

   (a)   The Clerk of the Lakewood Municipal Court shall give bond in the amount of ten thousand dollars ($10,000) conditioned upon the faithful performance of his duties as Clerk.

   (b)   Each Deputy Clerk shall give bond in the amount of three thousand dollars ($3,000) conditioned upon the faithful performance of his duties as Deputy Clerk.

   (c)   The Bailiff shall give bond in the amount of three thousand dollars ($3,000) conditioned upon the faithful performance of his duties as Bailiff.

   (d)   The Deputy Bailiff shall give bond in the amount of three thousand dollars ($3,000), conditioned upon the faithful performance of his duties as Deputy Bailiff.

(Ord. 17-60. Passed 4-18-1960.)

147.04 PAYMENT OF PREMIUMS.

   The premiums for the blanket bond shall be paid from the following funds:

   (a)   Twenty-six percent thereof from the Water Department Fund;

   (b)   Forty-one percent thereof from the Hospital Fund;

   (c)   Five percent thereof from the Parking Meter Fund;

   (d)   Twenty-seven percent thereof from the General Fund;

   (e)   One percent thereof from the Relief Fund.

   The premiums for all other bonds shall be paid from the General Fund.

(Ord. 2-57. Passed 1-7-1957.)

147.05 APPROVAL OF DIRECTOR OF LAW REQUIRED.

   All bonds shall be subject to the approval of the Director of Law.

(Ord. 4758. Passed 5-7-1951.)